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Juno Therapeutics' IPO nets $283mm

Dec 2014

Executive Summary

Just one year after its launch, Juno Therapeutics Inc. (chimeric antigen receptor T-cell (CART) technology for cancer drug development) netted $283mm through its initial public offering of 12.7mm shares (including the overallotment) at $24. The IPO (one of the largest for a US biopharma company in 2014) was greatly upsized: after filing in November, Juno set an initial range earlier this month of 9.25mm shares at $15-18, and a few days before pricing increased the potential per-share price to $21-23.
Deal Industry
  • Biotechnology
    • Gene Therapy, Cell Therapy
  • Pharmaceuticals
    • Vaccines
Deal Status
  • Final
Deal Type
  • Financing
    • IPO

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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